The chart also shows that you can balance the budget in just four years if spending is allowed to grow “just” 2 percent annually.

And if you for some reason think that the burden of government spending should rise faster than inflation, then we can balance the budget in seven years by restraining spending so that it grows 3 percent each year.

Here’s the video I keep recycling that explains why it’s important to restrain the growth of spending and also shows that when you address the disease of spending, you easily deal with the symptom of deficits.